The salient features of the captioned scheme are given
below:
1.
The bank will be launching a new medium term
fixed deposit product titled UCO 999 from September 10th 2012 at all
UCO Bank branches across the country.
2.
UCO 999 fixed deposit scheme offers a higher
interest rate of 9.30% per annum yielding higher returns.
3.
UCO 999 would be open for a limited duration
beginning from September 10th
2012 (Monday) and up to October 31st 2012 (Wednesday)
4.
The minimum amount of deposit under UCO 999
would be Rs 5000/- and thereafter in multiples of Rs 1000/- with a maximum
outer limit of Rs 100 lac.
5.
Special incentive rate for Senior citizen,
Staff/Ex-staff is as usual
6.
The
new product is targeted specially for investors looking for longer maturity
apart from catering to the customers who are looking to grow their funds over a
medium term period.
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